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Under offer - Land at Collingdon Road, High Spen NE39 2EQ

Under offer

Land suitable for residential development, subject to planning approval. Site Area approximately 227 sq.m (0.06 acres)

1324-PS-Collingdon Road Sales Particulars Feb 2017

The site is located in the village of High Spen, approximately 11 miles west of Gateshead town centre. The B6315 runs through the centre of High Spen linking with the A695 in the north and the A694 in the south which both connect with the A1 in the east providing accessible routes for commuters. Furthermore, the village is well served by public transport and also benefits from good access to local amenities.

The full extent of the area to be sold is approximately 227m2 of which approximately 116m2 is the former bus shelter. The site is of rectangular shape, of level topography, with a tarmac surface surrounding the shelter and paving stones within.

Submission of offers

1. Financial Offer
The submission should clearly state the capital sum (exclusive of VAT) being offered to Gateshead Council for the site. This must be your best offer for the site. The Council is not bound to accept the highest offer made, or any offer, and will accept no responsibility for any costs incurred by any party in connection with their submission of an offer whether successful or not. The capital sum offered should reflect any conditions attached and these should be clearly stated. Offers will be reported to the Council at the earliest available date. Interested parties will be notified of the Council’s decision as soon as possible after that time.

2. Supporting Information
A. Details of the person(s) or company that is offering to purchase the freehold interest. For a company, you should include details of the full company name, registration number, registered address and contact details for the individual submitting the offer. For individuals, you should include details of your name, address and contact details.
B. The applicant must provide detailed information to confirm their funding arrangements not only for the acquisition, but also any refurbishment or redevelopment proposed.
C. Description of any proposed alterations and where relevant any indicative drawing(s).
D. Details of the overall timescale required to complete the transaction.

Delivery of offer

All offers should be delivered to the Civic Centre no later than noon, 30 August 2017. Offers should be submitted in a sealed envelope using the address label which can be obtained upon request.

Disposal Terms

The disposal is subject to the approval of Gateshead Council Cabinet and to Contract.

The site is to be sold freehold with vacant possession.

The purchaser will be required to obtain all necessary Planning and Building Consents for their proposals.

Each party to bear its own legal costs in connection with this transaction.

The Council will expect the preferred bidder to adhere to a strict timescale for the sale of this property. Should the preferred bid be unconditional, exchange and completion of contracts will be expected within 10 weeks of the offer beings accepted. If the preferred bid is conditional on planning then a specific timescale will need to be adhered to, including a deadline for submission of a planning application from the date of preferred bidder status.

Disclaimer

Misrepresentation Act 1967: the particulars of sale are intended only as a guide to prospective purchasers to enable them to decide whether to make further enquiries with a view to taking up further discussions but they are otherwise not intended to be relied on and their accuracy is not guaranteed.

The purchaser should make further searches as are usually made and these particulars are supplied on the understanding that all negotiations are conducted through Service Director, Legal Democratic & Property Services.

The Council accepts no liability in negligence or otherwise for any loss caused by an inaccuracy in these particulars and the Service Director, Legal Democratic & Property Services reserves the right to alter these particulars at any time.

The Freedom of Information Act 2000

The contracting Council is subject to the provisions of the Freedom of Information Act 2000. As part of the Council’s duties under the Act, it may be required to disclose information forming part of your offer/bid/ tender or proposal to a third party upon reasonable request.

If you consider that any of the information provided in your offer/ bid/ tender or proposal is commercially sensitive (meaning it could reasonably cause prejudice to your organisation if disclosed to a third party) then it should be clearly marked on each sheet or the cover sheet or labelled as “Not for disclosure to third parties” in your offer/ bid/ tender or proposal together with valid reasons in support of the information being exempt from disclosure under the Act.

The Council will endeavour to consult with you and have regard to your comments and any objections before it releases any information to a third party under the Act. However, the Council cannot be held liable for any loss or prejudice caused by the disclosure of information that has not been clearly marked as “Not for disclosure to third parties” or where no reasons are provided to support a request to withhold its disclosure.

Money Laundering Legislation

The Council will need to comply with the anti money laundering legislation and will take all necessary steps to comply with the legislation.

The Service Director, Legal Democratic & Property Services for himself and the vendor(s) or lessor(s) of this property whose agent he is gives notice that:

1. the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute partof, an offer or contract

2. all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details aregiven in good faith and are believed to be correct but any intended purchaser or tenants should not rely on them as statements orrepresentations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them

3. no person in the employment of Gateshead Council has any authority to make or give any representation or warranty in relationto this property.

Viewings

Viewings will be available by appointment only.

Request viewing

 

Further information - Emma Williams 0191 433 3491
emmawilliams@gateshead.gov.uk

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